SALIBBA
ActiveSALIBBA has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €166k and a net result of €-21k. Equity is shrinking by ~16.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability33▲+23
Solvency53▼-1
Growth55=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity short (current ratio 0.6 against 0.69 in 2023; short-term debt: 60% and cash: 0% of total assets), and 72.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
27.6%
Return on assets
-3.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-21k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
180 d late
2022
546 d late
2021
289 d late
2020
90 d late
2019
135 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€438k▼ 21.7%
2019 · €559k
2018: €232k
2019: €559k
2018 → 2020
EBIT margin
-6.4%▼ 3.7pp
2019 · -2.7%
2018: 10.1%
2019: -2.7%
2018 → 2020
Net result
€-21k▲ 66.2%
2023 · €-61k
2018: €-16k
2019: €-47k
2020: €-49k
2021: €-47k
2022: €-43k
2023: €-61k
2018 → 2024
Working capital
€-144k▼ 39.8%
2023 · €-103k
2018: €297k
2019: €87k
2020: €29k
2021: €-31k
2022: €-87k
2023: €-103k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€438k-
Equity€338k-€291k▼ 13.9%€248k▼ 14.8%€187k▼ 24.6%€166k▼ 11.0%
Operating result€-28k-€-3k▲ 88.6%€-20k▼ 531%€-35k▼ 76.3%€-613▲ 98.3%
Net result€-49k-€-47k▲ 5.0%€-43k▲ 8.5%€-61k▼ 41.9%€-21k▲ 66.2%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €613 in 2024 against €35k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €603k
Fixed assets
€385k▼ 8.9%
Current assets
€218k▼ 6.0%
Equity and liabilities €603k
Equity
€166k▼ 11.0%
Debt
€437k▼ 6.6%
The debt ratio rises from 71.5% to 72.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€45k▲
2023 · €10k
Cash flow
€25k▲
2023 · €-15k
Solvency
27.6%▼
2023 · 28.5%
Current ratio
0.60▼
2023 · 0.69
Quick ratio
0.58▼
2023 · 0.65
Debt / equity
2.63▲
2023 · 2.50
ROE
-12.4%▲
2023 · -32.6%
ROA
-3.4%▲
2023 · -9.3%
Interest coverage
2.26▲
2023 · 0.39
Debt
€437k▼
2023 · €468k
Debt ≤ 1 year
€362k▲
2023 · €335k
Debt > 1 year
€75k▼
2023 · €131k
Income taxes
€153▲
2023 · €120
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€655k€603k▼
Fixed assets21/28€423k€385k▼
Tangible fixed assets22/27€423k€385k▼
Land and buildings22€320k€276k▼
Plant, machinery and equipment23€1k€938▼
Furniture and vehicles24€9k€8k▼
Assets under construction and advance payments27€93k€100k▲
Financial fixed assets28€174€174=
Current assets29/58€232k€218k▼
Amounts receivable after more than one year29€65k€65k=
Other amounts receivable291€65k€65k=
Stocks and contracts in progress3€13k€9k▼
Stocks30/36€13k€9k▼
Amounts receivable within one year40/41€150k€142k▼
Trade receivables40€139k€138k▼
Other amounts receivable41€11k€3k▼
Cash at bank and in hand54/58€349€261▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€655k€603k▼
Equity10/15€187k€166k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€74k€37k▼
Reserves13€687k€724k▲
Non-distributable reserves130/1€601k€638k▲
Legal reserve130€6k€6k=
Reserves not available under the articles1311€594k€632k▲
Distributable reserves133€86k€86k=
Profit (loss) carried forward14€-636k€-657k▼
Amounts payable17/49€468k€437k▼
Amounts payable after more than one year17€131k€75k▼
Financial debts170/4€131k€75k▼
Amounts payable within one year42/48€335k€362k▲
Current portion of amounts payable after more than one year42€51k€56k▲
Financial debts43€27k€28k▲
Credit institutions430/8€27k€28k▲
Trade debts44€153k€139k▼
Suppliers440/4€153k€139k▼
Advances received on contracts in progress46€89k€121k▲
Taxes, remuneration and social security45€5k€975▼
Taxes450/3€5k€975▼
Other amounts payable47/48€10k€16k▲
Accrued charges and deferred income492/3€2k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€45k€45k=
Other operating charges640/8€15k€13k▼
Gross operating margin9900€24k€58k▲
Operating profit (loss)9901€-35k€-613▲
Financial charges65/66B€25k€20k▼
Recurring financial charges65€25k€20k▼
Profit (loss) for the period before taxes9903€-61k€-20k▲
Income taxes67/77€120€153▲
Profit (loss) for the period9904€-61k€-21k▲
Profit (loss) for the period to be appropriated9905€-61k€-21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-636k€-657k▼
Profit (loss) brought forward from the previous period14P€-575k€-636k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
27-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 180 days late
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 546 days late
2023
31-12
Financial
Weakest financial yearnet €-61k
Net result drops to €-61k, the lowest in the series; recovery starts the following year.
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 289 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 90 days late
2020
13-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 135 days late
2019
12-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 43 days late
2018
24-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 85 days late
2017
13-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 44 days late
2016
28-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 89 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Binche · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue Léopold III(PER) 387134 BincheGround area
2,633 m²
Building footprint
1,493 m²
Volume, LiDAR
7,745 m³
Parcel 55032A0397/00G000, Wallonia · tallest building 7.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
F.C.E. SALIBBA
since 20012.055.653.989
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55032A0397/00G000 | Wallonia | 2,633 m² | 1 · 1,493 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-12-1991
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.